Tax & Legal Update
Financial Administration’s information on gratuitous supplies and opinion on right…
The Financial Administration has issued an updated version of its Information on the application of VAT to gratuitous supplies of goods. It clarifies the rules for determining the taxable amount (tax base) in the case of charitable donations of…
New EU rules for automotive industry
The European Union has approved a new regulation which will have a significant impact on the automotive industry. It changes the rules covering the entire life cycle of motor vehicles, from design through manufacturing and sale to environmentally…
New EU social security rules: what will employers need to change for cross-border…
The European Parliament has approved changes to the rules of coordinating social security within the EU for posted workers. The aim of the amendment is to respond to the increase in cross-border mobility, define more clearly mobile workers’ rights…
Event invitations
All eventsEuropean Commission proposes recast of DAC directives
At the end of June, the European Commission presented a proposal to recast the DAC directives. Alongside the Omnibus package, this is another legislative proposal aiming to reduce the administrative burden, make the rules clearer, and eliminate…
New grant opportunities for research, development and production of strategic…
The EU is placing increasing emphasis on the development of technologies that are crucial for its future competitiveness, safety and energy self-sufficiency. These are precisely the areas targeted by the STEP (Strategic Technologies for Europe…
Act on electronic reporting of sales passed by the Chamber of Deputies, with changes…
As part of its debate on the draft Act on the Electronic Reporting of Sales, the Chamber of Deputies has also approved several legislative amendments in the area of income tax. The bill will now be considered by the Senate.
Omnibus: simplification of direct tax rules on the horizon
The European Commission has presented a package of legislative proposals, which includes amendments to EU directives in the area of direct taxes and a proposal to recast the DAC directives. Its aim is to simplify the existing rules and reduce the…
Planning agreements are subject to VAT: substance, not title, is decisive
The General Financial Directorate (GFD) has confirmed that the public-law nature of a planning (zoning) agreement does not in itself mean that the supplies provided under it are outside the scope of VAT. If a municipality, a Prague municipal…
Who actually owns the company? The answer no longer available to everyone
Until recently, it took just a few clicks for anyone to find out, free of charge and without registration, who ultimately stood behind any Czech company. That era ended on 17 December 2025 when the register of beneficial owners was made inaccessible…
Only one year left before new AML regime starts
Obliged entities have only one year left to adjust their AML framework to the new rules. This is not only about the regulation itself but also about the technical standards and guidelines that are gradually being prepared by the new European…
End of “cheap parcels” from e-shops outside Europe
New customs rules for small consignments (up to EUR 150) will take effect on 1 July 2026. This is one of the most significant changes to customs rules for small consignments in the EU in recent years.